![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3138665/small_1729808529-avatar-rochelleg16.jpg?twic=v1/output=image&v=2)
13 November 2024 | 22 replies
This could lead to a huge tax bill and penalties at the end of the year.
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12 November 2024 | 1 reply
.), they should be notifying you and you may have to face any repercussions (penalties, pauses on your permits, etc.)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1032969/small_1694766315-avatar-sandrad37.jpg?twic=v1/output=image&v=2)
16 November 2024 | 24 replies
It’s doubtful you had a hud/fha insured loan for $20k (with accumulated fees, penalties,etc) that they missed.
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13 November 2024 | 34 replies
Prepayment penalties- usually 1-5 year terms.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3136306/small_1731451710-avatar-erols3.jpg?twic=v1/output=image&v=2)
14 November 2024 | 22 replies
Prepayment penalties- usually 1-5 year terms.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3120877/small_1726636351-avatar-sudheerk10.jpg?twic=v1/output=image&v=2)
11 November 2024 | 7 replies
A loan is better that has a lower rate, a longer amortization, and a shorter prepayment penalty....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2340764/small_1657038925-avatar-ryanl692.jpg?twic=v1/output=image&v=2)
18 November 2024 | 47 replies
His $43,220 loss was reversed, leaving them with back taxes, penalties, and interest.Lessons Learned:Jackson’s story serves as a cautionary tale for aspiring real estate investors.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2026574/small_1621517595-avatar-allany7.jpg?twic=v1/output=image&v=2)
13 November 2024 | 12 replies
Prepayment penalties- usually 1-5 year terms.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2905247/small_1703722361-avatar-georgeg287.jpg?twic=v1/output=image&v=2)
11 November 2024 | 12 replies
That guy suddenly owes $250k in taxes plus penalties and fees.
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11 November 2024 | 10 replies
Downside with an SBA loan is that there are penalties for early pay.